According to the Observer, the world\’s largest online gaming company is leading the race to buy the Gibraltar-based sports betting firm for an estimated £300 million. The newspaper did not name the other potential buyers.
Last month, Victor Chandler hired corporate finance firm Zeus Capital to evaluate unsolicited approaches and act as an adviser for any prospective sale.
The online and telephone betting operator, which built its reputation servicing high-rollers, has a thriving business in the UK and Asia and has no exposure to the United States.
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